Germany’s Services Sector Nears Recovery in July

By admin August 5, 2026 No comment

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Germany’s services sector showed signs of stabilising in July as business activity contracted at a much slower pace and demand began to recover. The HCOB Germany Services Purchasing Managers’ Index (PMI) rose to 49.8 from 48.6 in June, its highest reading in recent months and just below the 50-point mark that separates contraction from growth. […]

Euro Zone Business Activity Rebounds in July

By admin August 5, 2026 No comment

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Business activity across the euro zone accelerated to an eight-month high in July, driven by a recovery in the services sector and continued strength in manufacturing. The S&P Global Euro Zone Composite PMI rose to 52.0 from 50.0 in June, moving back into expansion territory for the first time since March, while the Services PMI […]

easyJet France Cabin Crew File Strike Notice

By admin August 5, 2026 No comment

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Cabin crew unions representing easyJet France have filed a strike notice covering the period from August 7 to September 2, citing worsening working conditions. While industrial action could take place at any time during this period, unions are required to provide 48 hours’ notice before specific strike dates. The unions said they remain willing to […]

French Coastguards Rescue 157 from Burning Migrant Boat in English Channel

By admin August 4, 2026 No comment

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French coastguards rescued 157 migrants after a small boat caught fire in the English Channel near the port of Boulogne-sur-Mer. Three coastguard vessels responded to the emergency, safely bringing everyone on board to shore, according to French authorities. The incident comes just days after three people died attempting the same crossing, highlighting the growing dangers

Romania Blasts Rocks to Protect Nuclear Reactor Cooling

By admin August 4, 2026 No comment

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Romania carried out controlled explosions to remove rocks from the Danube River and redirect water to the Cernavoda nuclear power plant, as severe drought and record-low river levels threatened reactor cooling. The emergency measure highlights the growing impact of Europe’s ongoing heatwave and energy challenges. The operation aims to ensure adequate cooling water

Lufthansa Warns of Lower Profit Amid Fuel Price Volatility

By admin August 4, 2026 No comment

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Lufthansa has warned that its operating profit could decline in 2026 as volatile fuel prices continue to weigh on earnings. The German airline said higher fuel costs linked to geopolitical tensions, including the U.S.-Iran conflict, caused its second-quarter operating profit to more than halve, prompting a weaker full-year outlook. The airline now expects adjusted EBIT

Rhine Hits Record Low as Europe’s Drought Deepens

By admin August 4, 2026 No comment

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The River Rhine has fallen to record low levels in parts of Germany and the Netherlands as prolonged heatwaves and drought continue to grip Europe. Other major rivers, including the Danube and Italy’s Po, have also recorded historically low water levels, raising concerns over transportation, agriculture, and industrial operations across the continent. The Rhine, one […]

Rio Tinto Rules Out Glencore Revival

By admin August 4, 2026 No comment

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Rio Tinto is not expected to restart takeover discussions with Glencore despite the expiry of a six-month standstill agreement under UK takeover rules. CEO Simon Trott remains focused on simplifying the company, reducing costs, selling non-core assets, and strengthening its core mining businesses rather than pursuing a major merger. Earlier this year, Rio evaluated a […]

Ceuta Struggles After Massive Migrant Border Crossing

By admin August 3, 2026 No comment

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Spain’s North African enclave of Ceuta is struggling to cope after a massive migrant surge last week, with local authorities estimating that between 3,000 and 5,000 people remain in the territory. Hundreds of migrants have set up makeshift camps on local beaches, while reception centres for adults and minors have exceeded capacity. Spain says around […]

Liechtenstein Hack Exposes Data of 31,000 Legal Entities

By admin August 3, 2026 No comment

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Liechtenstein has revealed that hackers illegally accessed and copied data from its register of beneficial owners, compromising information linked to around 31,000 companies, foundations, and trusts. The government said the cyberattack occurred during the night of July 29–30 before authorities detected unusual activity and took the affected system offline. The breached